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U.S. stocks are on pace for a 5% gain this week for the S&P 500 (SP500) as of Friday afternoon, bringing the index up nearly 1%year-to-date.
Tariff-induced inflation could push CPI to 3.7% by year-end, delaying Fed rate cuts. Click here to find out why I see several ...
Last week, we learned that the quarterly PCE price deflator was up 3.7% on an annualized basis. However, monthly PCE prices ...
The EUR/USD pair shows consolidation, with a head-and-shoulders pattern signaling a potential correction. The Fed’s statement ...
Only Giannis Antetokounmpo found a fan — who he did not initially know was John Haliburton, father of Pacers star Tyrese — in his face with a flag, celebrating the Pacers victory. But ...
Mega-cap tech giants all surpassed Wall Street earnings estimates, with Microsoft logging its best weekly performance in ...
From a sector perspective, industrials and technology led the charge, while energy stocks lagged as crude oil prices slumped. Oil marked its second-worst week of the year, falling to $58 per barrel ...
When the Fed eventually decides to cut rates, it is likely to do so in a knee-jerk and forceful manner — reacting to a ...
In a statement addressing the market reaction, Chief Financial Officer Lanny Baker noted that the company is “staying nimble in the face of uncertainty” stemming from recent tariff-related ...
WASHINGTON, May 1 (Reuters) - A Michigan-based economic consulting group said on Thursday that automakers will still face a $2,000 to $12,000 tariff impact per vehicle despite the White House ...
Economists expected the PCE price index to cool sharply to 2.2% annually in March, likely due to falling energy costs as oil prices slumped on lower demand expectations. Energy prices did indeed ...
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